Let’s use our Google position to examine how a credit spread is constructed, how you factor in implied volatility to the equation, and what it means to be short or long delta. SNAP and Bitcoin look to be on the move so let’s pay attention in coming sessions. We’ve released the date for the 30-Year Storm webinar so be sure to sign up below.
Also, we are launching a MotiveWave beta program for a new offering. If you would like to help in the testing, please email me @ todd@tradinganalysis.com. Thanks!
Trades Issued Wednesday: None
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Wow, another nice P&L day today, despite the market pullback in afternoon trading. Great selection on our positions, Todd!